(Muni bonds typically have favorable tax treatment for investors vs corporate bonds)
My guess is never.
> Up to 1,700 National Guardsmen are set to mobilize in 19 states in the coming weeks to assist the Department of Homeland Security with President Donald Trump’s nationwide crackdown on illegal immigration and crime, Pentagon officials confirmed to Fox News.
> Documents obtained by Fox News show planning for activations in Alabama, Arkansas, Florida, Georgia, Idaho, Indiana, Iowa, Louisiana, Nebraska, Nevada, New Mexico, Ohio, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia and Wyoming – with status effective from August through mid-November. Texas is projected to host the most significant Guard presence.
It should be noted this comes after the National Guard deployed to DC had been ordered to begin carrying lethal weapons in the nation's capital[2]:
> At the direction of the Secretary of Defense, JTF-DC members supporting the mission to lower the crime rate in our Nation’s capital will soon be on mission with their service-issued weapons, consistent with their mission and training
[1] https://www.foxnews.com/politics/national-guard-mobilizing-1...
[2] https://www.nbcnews.com/news/us-news/hegseth-authorizes-nati...